Smile & Pick Your Dapper PFP 📸
Featuring a long awaited feature, packs that no one wants, and some odd stuff in the association.
What’s up everybody. Yes, its LG Doucet here.
Listen, all sports are super weird. Thats why we love ‘em.
But the NBA has a knack (spelling!) for bizarre scenarios, probably due to the long season, interesting personalities, and various injuries/load management.
Three items of note from this past week:
This half time buzzer beater that occurred…in the 3rd quarter.
The Pelicans beat the Warriors and almost set a franchise high (GSW was without Steph, Klay, or Draymond)
Third point was originally going to be about how well Ben Simmons has been playing lately. But last night the Nets lost to a depleted 76ers team in a total “revenge game” downer.
So here he is shrugging like MJ instead:
Lets get to all the action on the NFT side from the last few days:
Swap Moments on Evaluate!
Introducing evaluate.xyz - a safe and easy way to meet other NFT collectors, negotiate deals, and live swap moments.
Looking to expand your Top Shot, All Day, and Strike collection without spending your Dapper balance? With evaluate.xyz, you can pair up with trading partners in seconds and swap your existing moments for new ones in secure trading lobbies. The fastest and easiest way to trade NFTs.
Evaluate lets you swap moments directly from your Dapper wallet, without having to move your moments to a different wallet first. Just connect your wallet and start trading moments.
Evaluate also lets you manage your Flow/ETH NFT portfolio and shop across multiple marketplaces in one place - giving you everything you need to track your NFTs and discover new ones.
Start meeting new collectors instantly and swap NFTs by visiting evaluate.xyz!
PFPs come to Top Shot (and others) 📸
Well well well. Look at the feature that was finally implemented!
After being teased for almost AN ENTIRE YEAR, Dapper Wallet has finally enabled people to change their Profile Pictures on Dapper products (i.e. Top Shot).
It was literally way back in December 2021 that this featured was teased by the Gaia team, and it has finally come to fruition!
Did you change yours? Let’s see it in action!
Sorare NBA almost hits 89k weekly entries 🔥
I’m truly astonished at how well Sorare has been doing with their NBA product.
And I don’t mean to compare it to other NBA NFT products - more so that I’m impressed that a project can bring in this many weekly users in any capacity in the bear market
Below is my current score in each competition. Notice that the “Common Champion” tournament has almost 88,873 entries.
And those aren’t even paying customers - thats to enter FOR FREE! These people don’t even have skin in the game. They are just there to hang and gain an outside chance at a Limited Card.
Craziest part - I feel like this big number is…growing? Really? Maybe just a bit.
Hot Packs Ain’t So Hot? 📦
This week, Top Shot launched MORE packs (for real).
These were modestly priced: $3 for a pack with 1x moment, and $59 for 6x moments, one of which is a guaranteed Rare.
The former was labelled a “hot pack” which TS designates as their series 4 common packs that are RSVP-only.
I’m holding off on these, but polled the community and get their thoughts:
Alright, it wasn’t all bad:
I understand the narrative that Top Shot must drop packs to meet revenue quotas (although I don’t believe the team has ever actually confirmed this). But I’m also beginning to question the overall approach to these projects - notably the scarcity.
Any mint count over 500, for any NFT of any kind, is completely unjustifiable right now. We are in the absolute doldrums of the bear market, and practically every other NFT project is focused on adding value/rewards to their holders - not selling more stuff. There are very few of us left here to actually create the demand.
And its even worse when you zoom out and look at the reality that most collectors are facing…
That being said, it could be worse…
We could be dealing with a team that has dropped over TWO MILLION PACKS!!
🎧 Can NFTs Capture the $21 Billion Fantasy Sports Market?
It makes total sense: fantasy sports, but your players come as NFTs. So why aren't more people using the platforms available? And does web3 truly have anything to offer to the sports gambling crowd? The Fantasy Sports industry is set to double in size over the next 5 years, and a big part of that might just be crypto - so on today's show we talk to the experts about the barriers, the opportunities, and the market itself.
🎧 Crypto Is Just A Small Part of FIFA’s $7B Plan
🎧 Why Tom Brady’s $200M NFT Project Is Struggling
🎧 How Nike Plans to Double Revenue with NFTs
🎧 Why the Chicago Bulls are winning at NFTs (Feat. Luka Dukich)
**This is not financial advice. Nothing in this newsletter, podcast, or publication should be considered financial or trading advice of any kind. Please do your own thorough research and make your own trading decisions. This is not advice.”
About The First Mint
A web3 sports community. Podcasts. Newsletters. Events.
We cover: Sorare, NBA Top Shot, NFL All Day, UFC Strike, MLB Candy, and more!
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